Morris tribune., 1887-08-03
BOARD Of AUDIT.

BOARD OF AUDIT.
Monday, July 25th, 1887
The county board of audit met IL
the auditors office on Monday, July
25th, 1887 in pursuance of the provis'
ions of law and the following notice,
published for two weeks prior to this
date:
| PROPOSALS FOR COUNTY DEPOSITORY;
| Notice is hereby given, that the Board OF
| Audit of Stevens County, State OF minnesota.
will receive proposals for the deposltlns % %
all the funds of said county, p aIIsuSt atutes
| OF Minnesota, 1873, and the hinshu III LII,
thereto until Monday, the 18th day Oh July
A. ID. 1887, at 10 clock 4. NJ: Sucn ppSitor
| and shall state what security VIII ne Shot
| to said county for funds deposited, ana wnat
interest on monthly balances OF Inc n'd "i fnnds
| with accrued interest, shall be hela huuJe0IS
| to draft and payment at all times, on uelh"L1 ~
The bond required I under 6 g PreHiS'3 for the
| term of two years from the date OF It's eAecu-
| ton and shall be for at least double the
| amount of funds to be depositeo III '"0
ue The hoard reserves the right to reject any
and oil bids.
Dated July 9th, 1897.
III. PUsHoR,
Chairman Board of County Com'rs
SAMUEL LARSON,
Clerk OF District Court
GEO, M. GILTINAN,
County AUDITOR.
County Board OF Audlt'
Bids were received AS follows:
MORRIS MINI. July, It'll. 1887
To the Board of audit of Stevens GO;
Gentlemen: The First National
Bank of Morris hereby offers to pay
21% q interest on daily balances as
depository of the county funds, ana
will secure said depository by Il bona
in such amount as your board may
fix with the following bondsmen VIZ.
A. DeKay, H. S. Judson, {. ).
Croonquist, n. A. Nilsson, }. Il.
Danielson, Darlington Phelps.
Respectfully.
The First National Bank of Morris,
Per. Darlington Phelps, Prest.
Advertisement Attached)
NORRIS, MINI. July, 18th 1887
Geo. NJ. Giltinan Esq.
County Auditor.
Stevens COuaty Mimi.
Dear Sir. In accordance with notice
as published for Proposals for county
Depository" copy of said notice Oe-
ing hereto attached, we submit tol-
lowing proposals for the Depository
of the funds of said county.
We would offer as security for the
deposit of said funds, a bond in such
sum or sums as may be required, with
the following named parties as
sureties thereon viz. Henry II. Wells,
Loren E.. Pearce and William }:
Munro of Morris Mimi. and Rufas
P. Wells and Alpheus Wells, of Her.
man Mimi.
We will pay two and one half (212)
percent interest on monthly balances
of the amount Deposited on condition
as named. ITO WITT that the said
funds with accrued interest shall be
held subject 10 draft and payment at
all times Oh demand.
Respectfully,
w. J. MUNRO.
Advertisement Attached)
On motion, board adjourned to 2:3O
o'clock z. NJ.
AFTERNOON SESSION.
Board met pursuant to adjourn
ment.
The following resolution was agreed
to:
Resolved, an equal division of the
county funds, as nearly as practicable
be maintained in the Stevens County
Bank and The First National Bank of
Morris, both of Stevens county ana
state of Minnesota, under the con-
ditions of bids filed by said banks in
the county auditors office this 10Th
day of July A. D. 1887. and that said
banks land each of them) are hereby
designated county repositories under
the provisions CT sections l5O, to3'
Chan. s general statutes of Mimi. 1878
and the amendments thereto. con-
ditioned upon the execution ola bond
by each of said banks in such sum as
shall he named by the county COM
missioners and approved by said
board, said bonds ito be deposited
with the county treasurer, as required
by law.
On motion adjourned.
L. H. PUsHoR Go. Board
SAMUEL LARSON of
GEO, M. GILTINAN Audit.